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Refer to Figure 26

Question 37

Multiple Choice

Refer to Figure 26.4 for a monopolistically competitive firm.In the long run this firm is most likely to face A) Demand<sub>1</sub> and MR<sub>1</sub>. B) Demand<sub>1</sub> and MR<sub>2</sub>. C) Demand<sub>2</sub> and MR<sub>2</sub>. D) A demand curve between Demand<sub>1</sub> and Demand <sub>2</sub>. Refer to Figure 26.4 for a monopolistically competitive firm.In the long run this firm is most likely to face


A) Demand1 and MR1.
B) Demand1 and MR2.
C) Demand2 and MR2.
D) A demand curve between Demand1 and Demand 2.

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